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NIFTY PREDICTION |
ritapandit25
Black Belt
Joined: 04 May 2013
Posts: 2926
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Post: #481  Posted: Wed Oct 23, 2013 2:17 pm Post subject: |
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| If NS taken the support @6116 then buy above 6160.Below 6160 sell on rise. Crossing above 6160 Target 6300. |
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ritapandit25
Black Belt
Joined: 04 May 2013
Posts: 2926
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| Post: #482 Posted: Wed Oct 23, 2013 6:02 pm Post subject: |
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Nifty Spot Level for 24/10/2013:
Nifty Pivot:6171.
Trading below 6160 for an hour:Support 6125-6116. Below huge sell off can be seen. Support area 6098-6070-6040-6025-5970-5940-5922.
Trading above pivot Point 6171 Target 6203. Break out only above 6223. |
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ritapandit25
Black Belt
Joined: 04 May 2013
Posts: 2926
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| Post: #483 Posted: Thu Oct 24, 2013 12:12 pm Post subject: |
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NS look tired now if journey to resume then it should move ahead from 6230 level. Maximum today 6260-6270 possible or 6252 is enough for today.Be cautious.
Support 6208 if broken signal for moving down or should reverse from here. |
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AjitS
White Belt
Joined: 21 Aug 2013
Posts: 138
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| Post: #484 Posted: Thu Oct 24, 2013 1:26 pm Post subject: |
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| ritapandit25 wrote: | NS look tired now if journey to resume then it should move ahead from 6230 level. Maximum today 6260-6270 possible or 6252 is enough for today.Be cautious.
Support 6208 if broken signal for moving down or should reverse from here. |
Ritaji,
Once again, very accurate and almost to the point calculations.
Yesterday - support at 6116, crossing 6160 and then upside toward 6300.
Today, downward movement and sharp fall after crossing 6208.
Keep it up. |
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ritapandit25
Black Belt
Joined: 04 May 2013
Posts: 2926
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| Post: #485 Posted: Thu Oct 24, 2013 1:53 pm Post subject: |
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| AjitS wrote: | | ritapandit25 wrote: | NS look tired now if journey to resume then it should move ahead from 6230 level. Maximum today 6260-6270 possible or 6252 is enough for today.Be cautious.
Support 6208 if broken signal for moving down or should reverse from here. |
Ritaji,
Once again, very accurate and almost to the point calculations.
Yesterday - support at 6116, crossing 6160 and then upside toward 6300.
Today, downward movement and sharp fall after crossing 6208.
Keep it up. |
Thanks AjitS.
Now holding 6157 level good sign. If 6140 broken then total sell sell. Target 6118-6035. |
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amitagg
Black Belt
Joined: 01 Oct 2013
Posts: 4559
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| Post: #486 Posted: Thu Oct 24, 2013 1:56 pm Post subject: |
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Rita, would pls request you to opine if 5th done...which wave we are in , 5
- 5th [6258] of 5th from 5100 OR
- 5th [6258] of 3th from 5100, with 4th wave support at 6040 and then 5th to unfold above 6300? |
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ritapandit25
Black Belt
Joined: 04 May 2013
Posts: 2926
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| Post: #487 Posted: Thu Oct 24, 2013 2:28 pm Post subject: |
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| amitagg wrote: | Rita, would pls request you to opine if 5th done...which wave we are in , 5
- 5th [6258] of 5th from 5100 OR
- 5th [6258] of 3th from 5100, with 4th wave support at 6040 and then 5th to unfold above 6300? |
It is 5th Wave 3(iv). |
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amitagg
Black Belt
Joined: 01 Oct 2013
Posts: 4559
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| Post: #488 Posted: Thu Oct 24, 2013 3:08 pm Post subject: |
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| so Wave 5 of 5th to unfold above 6250...?.....and for that to be valid ...what is iv value support...6040?...if 6040 broken that u would revist counts yes? ...just checking since we may be at threshold for some serious fall.....6040 wont give up in one wave though.. |
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ritapandit25
Black Belt
Joined: 04 May 2013
Posts: 2926
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| Post: #489 Posted: Thu Oct 24, 2013 6:27 pm Post subject: |
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Nifty Spot Level for 25/10/2013:
Nifty pivot:6187.
Trading above 6220 only bullish other wise bearish.Holding 6160 level only the hope for next run.More buster only trading above 6200 for two hours stay. Target then 6280.
Breach of 6116 more bearish.First sign break of 6136.Target 6070-6045.
Break down if goes below 6030 level Target 5970-5900. |
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ritapandit25
Black Belt
Joined: 04 May 2013
Posts: 2926
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amitagg
Black Belt
Joined: 01 Oct 2013
Posts: 4559
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| Post: #491 Posted: Fri Oct 25, 2013 12:21 am Post subject: |
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No problem thats why i was checking....Ramkia wave is probably correct....he has rightly ignored gap....applied principle of alternation....and used .618 of 0-3 as 5th level also....
so i was right in sayin gbreak of 6040 "ALONE" would put end to question that 5th of 5th has ended ...and first impuse down to retrace move from 5100 shall begin....
till then we can live in possibilities and trade based on perception [for me right perception] that the end is done....
in fact if u recall, in one of your earlier posts few weeks back, you mentioned target of 6300 which is almost touched.... |
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ritapandit25
Black Belt
Joined: 04 May 2013
Posts: 2926
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| Post: #492 Posted: Fri Oct 25, 2013 1:33 pm Post subject: |
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| If NS hold within 2.40 pm 6125 level then chances to go up likely provided NS should cross 6170 level. |
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ritapandit25
Black Belt
Joined: 04 May 2013
Posts: 2926
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| Post: #493 Posted: Fri Oct 25, 2013 1:59 pm Post subject: |
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| ritapandit25 wrote: | | If NS hold within 2.40 pm 6125 level then chances to go up likely provided NS should cross 6170 level. |
Should sustain above 6174 level.Otherwise SELL. |
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ritapandit25
Black Belt
Joined: 04 May 2013
Posts: 2926
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| Post: #494 Posted: Sat Oct 26, 2013 1:24 pm Post subject: |
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Nifty Spot Level for 28/10/2013:
Weekly Trading Range: 6000-6300.
Nifty Pivot:6148.
Positional Buy only if stay above 6180.Target 6220-6240.
Sell below 6150.
Buy near 6080-6098.SL 6055.
Breach of 6040 Target 6005-5970. |
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ritapandit25
Black Belt
Joined: 04 May 2013
Posts: 2926
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| Post: #495 Posted: Mon Oct 28, 2013 5:17 pm Post subject: |
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Nifty Spot Level for 29/10/2013:
Nifty Pivot:6121.
Support 6077-6053.
Buy near 6053-6085.Target 6142-6150.
Sell further below 6040 Target 6006-5990-5970-5955. |
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